value-added-tax | ABS-CBN News

PH eyes improving VAT system amid 'poor' efficiency

Jessica Fenol, Job Manahan and Pia Gutierrez, ABS-CBN News
Updated as of May 30 04:30 PM

The Philippines has the highest VAT rate in ASEAN but the lowest collection efficiency. Read more »

VAT on Netflix and other digital services OK’d by House

RG Cruz, ABS-CBN News
Updated as of Nov 14 07:39 PM

Subscription-based digital services, online advertisement services, and other electronic services that can be delivered through the internet are covered. Read more »

Bill seeking to impose VAT on digital transactions filed

Vivienne Gulla, ABS-CBN News
Posted at Aug 04 07:09 PM

A bill seeking to impose value-added tax (VAT) on digital transactions has been filed at the Senate. Read more »

DOF eyes new taxes, wider VAT to pay rising debt

ABS-CBN News
Updated as of May 25 04:54 PM

The Department of Finance is proposing to raise new taxes, defer personal income tax reductions, and expand VAT coverage among a slew of measures, to help pay the country’s ballooning debt. Read more »

Ika-9 sunod na oil price hike asahan bago matapos ang Oktubre

ABS-CBN News
Updated as of Oct 22 11:25 PM

May namumuro muling dagdag-presyo sa petrolyo sa susunod na linggo pero hindi na kasinglaki ng pagtaas nitong linggo. Read more »

House approves 12% VAT on digital transactions

ABS-CBN News
Posted at Sep 21 11:35 PM

The House of Representatives has approved House Bill 7425, imposing a 12 percent value-added tax on digital transactions in the Philippines. Read more »

DOE aminadong walang magawa sa pagtaas ng presyo ng petrolyo, kuryente

ABS-CBN News
Updated as of Jul 13 07:25 PM

Inamin ng Department of Energy na wala silang magawa sa patuloy na pagtaas ng petrolyo at singil sa kuryente. Read more »

Komite sa Kamara inaprubahan ang pagbubuwis sa digital transactions

ABS-CBN News
Posted at Jul 29 04:23 PM

Maaari ring buwisan sa ilalim ng panukala ay ang tinatawag na digital service o anumang serbisyo na ibinibigay o sinu-subscribe-an sa internet o iba pang electronic network. Read more »

Saudi triples VAT in unpopular virus-led austerity push

Anuj Chopra, Agence France-Presse
Posted at Jul 01 02:00 PM

Saudis braced Wednesday for a tripling in value added tax, another unpopular austerity measure after the twin shocks of coronavirus and an oil price slump triggered the kingdom's worst economic decline in decades.   Read more »